10 Richest people in India

The slashing of funds by the UK to India as a part of their initiative to give a helping hand to much needed countries seems nothing wrong. The most richest person of the UK is the Lakshmi Mittal, a man of the Indian origin.

Surprisingly, he stands second in the list of Richest Indians with Mr. Mukesh Ambani topping it with a margin of seven and half billion. The top ten opulent people from India are here to get a view. If we compare the situation with the top ten of the other countries, we see astonishing facts.

Top ten Americans account to $ 836 bn, while that of India amassed $ 300 bn. The concentration of wealth among the affluent class is the highest in India. Indian top ten have about 50% of the wealth of the top 100 while that of America and China account to 32% and 38% respectively.

The chairman and managing director of the RIL group, Mr. Mukesh Ambani equals the third richest American in terms of wealth acquired at $ 26.6 bn and stands almost half to the Bill Gate mark of 54 bn USD.

Interestingly Finance industry giants from India have just 1.5% of the top 100 list while in the case of US, Hedge Funds and Investments account to 13% of their top 100.

Infosys and Walmart resulted in 5 billionaires both in India and the US respectively. The US has produced two billionaires from the Real estate, while in India there are 15 in the arena equalling about 8% of the total money.